Record Volume for VIX Weekly Futures Today as Five Volatility Indexes Rose by More Than 20% – By Matt Moran

August 20 – Today the S&P 500 (SPX) Index and Dow Jones Industrial Average both fell by 2.1%, while the CBOE Volatility Index (VIX) and 4 other volatility indexes rose by more than 20% (see table below), and the VIX Weekly futures had record daily volume of 1,847 (estimated).

STRIKING PRICE COLUMN

In a recent piece at barrons.com, Steve Sears penned a column with the headline “Fear of Fed, China, Oil: Volatility Trade Is Back” and noted that –

“Some observers are now contending – and preparing – for the CBOE Volatility Index ( VIX ) to be much higher by fall. “The ingredients are in place for more financial market volatility,” Russ Koesterich, BlackRock’s chief investment strategist, is advising clients. Trading patterns show investors think the VIX could surge to 28 by October. Such a move would be accompanied by a sharp decline in the stock market. …”

Post a Comment

Thank you for submitting a comment. We ask you to use the comment guidelines to promote thoughtful and productive discussions. Your comment will be approved before it will be posted. Thank you for your patience.